Professional Documents
Culture Documents
Introducer 2 Way
Introducer 2 Way
-and-
AGREEMENT FOR
BETWEEN
(1) [1st COMPANY NAME] registered in [JURISDICTION] under number [COMPANY NUMBER]
and whose registered office is [REGISTERED ADDRESS].
(2) [2ND COMPANY NAME], registered in [JURISDICTION] under number [COMPANY NUMBER]
and whose registered office is [REGISTERED ADDRESS]..
IT IS AGREED as follows:
1.1. In this agreement (except where the context otherwise requires) the following words shall
have the following meanings:
1.2.3. the clause headings are included for convenience only and shall not affect the interpretation
of this agreement;
1.2.4. use of the singular includes the plural and vice versa;
1.2.6. any reference to persons includes natural persons, partnerships, companies, corporations,
associations, organisations, governments and trusts (in each case whether or not having
separate legal personality);
2.1. Both Parties may from time to time make Introductions for the purpose of developing
business and both Parties agree and undertake to reward the other for such Introductions in
accordance with clauses 2.2, 2.3 and 2.4.
2.2. If, following the making of an Introduction, an Introduced Client engages a Party, within 12
months of the introduction, the “Engaged Part”, for the provision of its services; Engaged
Party must pay to the “Introducing Party” the Introductory Commission in respect of each
such Introduction.
2.3. The Introductory Commission is a sum equal to [INSERT PERCENTAGE]% of the VAT-exclusive
amount of the first year’s fees invoiced directly or indirectly by the Engaged Party for the
provision of its services (plus VAT thereon).
2.4. The Introductory Commission shall become due on each date that the Engaged Party raises
an invoice in respect of the work undertaken by it in respect of the Introduction or Relevant
Transaction notwithstanding that such date may be after expiry of period referred to in this
agreement.
2.5. Both Parties shall ensure that all invoices raised in respect of any fees on which a
commission payment is due under this Agreement are raised promptly and a copy of each
such invoice shall be provided to the other Party within 7 days of being raised.
2.6. Payment of the Introductory Commission shall be made to the Engaged Party within 14 days
of the other Party raising its invoice in this regard.
3. Late or non-payment
3.1. If the Engaged Party fails to pay any amount payable by it under this Agreement, the
introducer Party shall be entitled to charge the Engaged Party interest on the overdue
amount, payable by the Engaged Party immediately on demand, from the due date up to the
date of actual payment, after as well as before judgment, at the rate of [INSERT
PERCENTAGE]% per annum. Such interest shall accrue on a daily basis and be compounded
monthly.
4. Governing Law
4.1. The parties agree that this contract shall be governed by the laws of England and Wales and
that the courts of England shall have exclusive jurisdiction to hear any matter relating to this
contract.
5. Confidential information
5.1. The Parties acknowledge and agree that all Confidential Information and rights therein and
in relation thereto is the property of the Party disclosing the Confidential Information (the
Disclosing Party) and each will receive and maintain Confidential Information, in confidence
and shall not use the same for any purpose other than the proper purpose of this Agreement
nor shall they publish, disclose or transfer, or permit the use, publication or disclosure of the
same to anyone (whether orally or in writing). Written permission from the Disclosing Party
shall be sought before using any Confidential Information in the performance of the Service.
5.2. Each party may disclose the other party's confidential information:
5.2.1. to its employees, officers, representatives or advisers who need to know such information
for the purposes of carrying out the party's obligations under this Agreement. Each party
shall ensure that its employees, officers, representatives or advisers to whom it discloses the
other Party's Confidential Information comply with this clause
The Engagement Period beginning on [insert start date] will end upon [insert end date],
unless the Agreement is otherwise terminated by the Client or the Introducer pursuant to
the giving of 30 days’ notice to the other Party.
SIGNED by
...............................................
Title: ......................................
Date: ......................................
SIGNED by
...............................................
Date: ......................................